Norway's producer prices jumped by 18.4 percent year-on-year in March 2021, accelerating sharply from a 9.7 percent gain in the previous month. This was the third straight month of producer inflation and the steepest pace since October 2018, as cost rose faster for energy goods (60.3 percent vs 23.3 percent), extraction and related services (52.5 vs 22.8 percent), and manufacturing (2.4 percent v 0.2 percent). In addition, prices of electricity, gas, and steam continued to increase (41.4 percent vs 55.1 percent). On a monthly basis, producer prices fell by 0.2 percent in March, after a 5.4 percent gain in February. source: Statistics Norway
Producer Prices Change in Norway averaged 4.79 percent from 2000 until 2021, reaching an all time high of 33.90 percent in August of 2008 and a record low of -18.70 percent in November of 2001. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Producer Prices Change in Norway is expected to be 7.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Norway to stand at 6.00 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 6.00 percent in 2022 and 2.20 percent in 2023, according to our econometric models.